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Future Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

GC #6 FUEL OIL 3% SULFUR Jun 2022 (NYMEX:MFB.M22)

Countertrend Up (+85) - MFB.M22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid MFB.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for MFB.M22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_MFB.M22
Open High Low MFB.M22 Price Change
95.71 95.71 95.71 95.93 0.00
Entry Signal

MarketClub’s Trade Triangles for MFB.M22

long term up The long-term trend has been UP since Jan 5th, 2021 at 41.53

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 56.63

short term up The short-term trend has been UP since Sep 10th, 2021 at 57.20

Smart Scan Analysis for MFB.M22

Based on our trend formula, MFB.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for MFB.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
95.71 95.71 95.71 95.93 0.00
Prev. Close Volume Bid Ask Time
96.07 0 2022-06-28 00:00:00
Volatility56.29Expiration2022-06-30
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